The Court of Tax Appeals (CTA) has ordered the Bureau of Internal Revenue (BIR) to refund or issue tax credits amounting to P43.9 million to Petron Corporation for the erroneously collected excise taxes on the firm’s importation of more than 9.7 million liters of alkylate in 2016 and 2017. Google...
The Bureau of Internal Revenue (BIR) seized thousands of cartons of untaxed perfumes, colognes, and toiletries during a nationwide inspection of malls and retail outlets. The majority of these confiscated items were found in Metro Manila, with the largest seizure occurring at the facilities of...
Candidates running for national and local elections, including barangay positions, no longer need to register with the Bureau of Internal Revenue (BIR). BIR Commissioner Romeo D. Lumagui, Jr. clarified in Revenue Memorandum Circular (RMC) No. 97-2023 that registration and registration fees are not...
The Bureau of Internal Revenue (BIR) has successfully addressed all complaints and inquiries forwarded by Malacañang during the initial seven months of this year. The 8888 Citizens' Complaint Center, affiliated with the Office of the President, conveyed a total of 842 concerns from January to...
P500 bills, Northern Samar 1st district Rep. Paul Daza (Unsplash, PPAB) House Senior Deputy Minority Leader and Northern Samar 1st district Rep. Paul Daza has asked the Commission on Elections (Comelec) to do away with the "burdensome" tax registration fee being...
The Court of Tax Appeals (CTA) has affirmed its division's ruling that cancelled the order for the payment of over P902 million taxes and compromise penalty, and more than P182 million in deficiency taxes issued by the Bureau of Internal Revenue (BIR) against Philusa Corporation, a firm engaged in...
The Court of Tax Appeals (CTA) has ordered the Bureau of Internal Revenue (BIR) to refund to British American Tobacco, Limited P305.8 million representing the unutilized advanced deposit in Internal Revenue Stamp Integrated System (IRSIS) and on credits for unused, spoiled, and bad order internal...
The Commission on Audit (COA) has affirmed the lifting of the P846 million notices of charge (NCs) which were issued against former Bureau of Customs (BOC) Commissioners Rozzano B. Biazon and Napoleon L. Morales. The COA ruled that the BOC commissioners are authorized by the Bureau of Internal...
The Bureau of Internal Revenue (BIR) said heirs of deceased individuals can benefit from the estate tax amnesty program without incurring fines or penalties. They will also be shielded from criminal, civil, and administrative legal actions for late estate tax filings and payments, as...
The Bureau of Internal Revenue (BIR) has issued updated regulations for the new estate tax amnesty program to benefit more than one million heirs of the deceased. Finance Secretary Benjamin E. Diokno issued Revenue Regulations No. 10-2023 to implement these changes prescribed by Republic Act (RA)...
The Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) introducing changes to the old RR Nos. 17-2011 and 2-2022, which pertain to the implementation of the Personal Equity and Retirement Account (PERA) Act of 2008. Under the new RR No. 7-2023, the maximum annual PERA...
The Bureau of Internal Revenue (BIR) has been acknowledged by the Philippine Commission on Women (PCW) for its he contribution to the advancement and empowerment of women in public service. The PCW has awarded the BIR with the prestigious Gender and Development Transformation and...
